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Risk Retention Reporter
Article Excerpts - July 2010
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- For comprehensive monthly coverage of the RRG/PG marketplace,
subscribe to the Risk Retention Reporter.
- If you need a back issue or a past article, please e-mail us at subscriptions@rrr.com and provide the name of the article and the month and year of the issue of the RRR.
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Nevada Challenges RRG Over Ability to Write Auto Coverage
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The Alliance of Nonprofits for Insurance, Risk Retention Group (ANI) is responding vigorously to the state of Nevada’s position that the RRG is not allowed to write commercial auto liability coverage in the state
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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NJ Assembly Legislative Update
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The New Jersey Assembly passed two pieces of legislation in June that affects risk retention groups and purchasing groups. Both bills now await action by the state’s Senate New Jersey Assembly Bill A1471
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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20% of RRGs Hold Ratings from A.M. Best and Demotech
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Fifty one risk retention groups, just over 20% of all 250 operating RRGs, now hold Financial Stability Ratings (FSRs) assigned by either A.M. Best or Demotech, Inc. When the Risk Retention Reporter last conducted this assessment in February 2009, there were only 43 RRGs rated, 16% of the 263 RRGs operating at that time. Of the 51 that are now rated, only two have received ratings from both companies
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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RRG Assets & Surplus Post Double-Digit Gains in 2009
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RRGs assets and surplus posted double-digit increases between 2008 and 2009. These figures were compiled for the 2010 Risk Retention Group Directory & Guide and are based on the official financial filings with the NAIC by RRGs
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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American Excess Insurance Exchange RRG Distributes Surplus
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Following a financially strong year that led to a substantial surplus, the American Excess Insurance Exchange, Risk Retention Group (AEIX) has been able to distribute a surplus of $11.7M to members
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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Healthcare Premium Continues to Rise
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The Healthcare sector is by far the largest premium generator within the risk retention group industry with 58% of the market share in 2009. In the last seven years Healthcare premium has grown by over $400.0M. During this same time period, the number of insureds for this sector grew from 40,000 to over 100,000
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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SCCIA to Hold 11th Annual Conference
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The South Carolina Captive Insurance Association (SCCIA) will hold its 11th Annual Executive Education Conference September 13 to 15, 2010 at the Charleston Place Hotel in Charleston, South Carolina
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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Special Report: Cloud Computing and SaaS Technologies
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In this month’s Special Report, staff writer Chris Dauer takes a look at the emerging technologies of Software as a Service and cloud computing. He defines both technologies, explains the difference between them, and how RRGs can use them to their advantage
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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CEO of the Month: Jeff Sousa, California Healthcare Ins. Co. RRG
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Jeff Sousa, President and CEO of California Healthcare Insurance Company, Inc., A Risk Retention Group (CHI), a 21-year-old RRG, discusses his formula for creating one of the most successful RRGs for hospitals and physicians in the nation
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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Risk Retention Roundup
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This month three new risk retention groups were added to RRR listings and no RRGs were deleted, bringing the total number of RRGs up to 250. Two new purchasing groups were added to the RRR listings and one PG was deleted, bringing the total number of PGs to 803.
... For full story, purchase this single article or this month's
back issue of the Risk Retention Reporter.
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- For comprehensive monthly coverage of the RRG/PG marketplace,
subscribe to the Risk Retention Reporter.
- If you need a back issue or a past article, please e-mail us at subscriptions@rrr.com and provide the name of the article and the month and year of the issue of the RRR.
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